CMA approves public offering of Watheeq SAR Murabaha Fund

The Capital Market Authority (CMA) approved the request of Watheeq Capital to float units of Watheeq SAR Murabaha Fund.

An investment decision without reading the terms and conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the them as they include detailed information on the fund, investment strategy and risk factors. Investors should also study them to be able to assess the feasibility of taking into consideration the associated risks.

If the terms and conditions prove difficult to understand, it is recommended to refer to the fund manager for more information.

The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund.

The CMA's approval merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.